Evernote Raises $70 Million at a $1 Billion Valuation

Evernote, the company known for its notetaking and archiving apps, announced a $70 million Series D investment led by Meritech Capital and CBC Capital at a $1 billion valuation.

“I am both proud and humbled (if you don’t think this combination is possible, try raising $70 million) that some of the world’s best late-stage investors have decided to help Evernote in our quest,” Wrote CEO Phil Libin in a blog post this morning. Other participants included funds and accounts managed by T.

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